The Decline of Arab Oil Revenues

The Decline of Arab Oil Revenues, published in 1986, explores the fall in the economic value of Arab oil reserves in the 1980s due to depletion, alternative sources, and international policies. It emphasizes the importance of researching the desert as a potential source of wealth for Arab societies.

Format: Hardback
Length: 214 pages
Publication date: 01 June 2022
Publisher: Taylor & Francis Ltd

First published in 1986, The Decline of Arab Oil Revenues delves into the significant decrease in the economic worth of Arab oil reserves during the 1980s. Several challenges pose threats to Arab countries, including the depletion of oil resources, the emergence of alternative energy sources, international policies aimed at regulating oil prices, and escalating conflicts of interest between producing and consuming nations. The editors argue that any decline in oil revenues would have a detrimental impact on the economic, political, social, and psychological structure of Arab societies, as they have yet to tap into non-oil sources of wealth. Consequently, the editors emphasize the importance of exploring the vast desert, which covers 94% of Arab lands, as a potential source of prosperity. Given the current global transition towards sustainable energy sources, this book serves as a timely reminder of the economic and political implications of this shift on Arab countries for students of political science, international relations, geography, and economics.

Dimension: 234 x 156 (mm)
ISBN-13: 9781032308210